Not Every FANG Made Goldman’s Super- Awesome New Growth Stock Team
Ok, look: Goldman spent what looks like a shit load of time scouring the globe for "secular growth stocks."
And the reason you should care about this is because when things are going ok, but not great, growth should outperform value. As far as Goldman is concerned, that's what you're about to see in terms of the global economy - good, but not great. To wit:
World GDP growth has hovered between 3% and 4% post-crisis. Our Economics team forecasts that world GDP growth will remain flat
No kidding. And look at biotech struggles as of late, a sector which often leads other.
Also, notice how the risk parity strategy is fvckin up today.
But it’s just one day so btfd, lol.